Laredo Renters Insurance

The Zebra
July 23, 2019

Renters insurance in Laredo


It's very important to maintain an active renters insurance policy if you're renting a house or apartment. Renters insurance covers your rental unit — and the personal property within it — against a number of perils, including vandalism, wind damage, theft, or fire. Given the reasonable likelihood of a damaging incident, the affordable price of renters insurance, and the relatively high cost of replacing your property, a renters insurance policy is a solid investment.

Renters insurance costs are dictated by many factors, including the age of your dwelling, the materials of which it’s made, your apartment’s geographic location, and the pricing strategies of your renters insurance company. In areas prone to hail, fire, lightning, or damaging wind, renters insurance could be more expensive to account for the extra risk.

The average annual price of renters insurance in Laredo is $229.

Finding affordable renters insurance in Laredo starts with comparing policies. Consult our analysis of average Laredo renters insurance premiums to begin your search with as much background info as possible. Remember: rates will vary based on your coverage limits and other factors.


Laredo renters insurance:

  1. Rates by company
  2. Rates by coverage level
  3. Car and renters insurance discounts

Renters insurance in Laredo — popular companies

Renters insurance rates in Laredo depend on the insurer you choose. For instance, USAA offers the cheapest renters insurance in Laredo, at just $155 per year. That's less expensive than the city's average cost of $229, providing a $74 discount.

Start your search for a renters insurance policy by reviewing the cheapest companies in Laredo.


AFFORDABLE RENTERS INSURANCE COMPANIES IN LAREDO
CompanyAverage Annual Rate in Laredo
USAA$155
Travelers$169
Amica$171
Safeco$175
United$196

Laredo renters insurance premiums by coverage level

Your renters insurance rates will vary depending on the amount of coverage you purchase. Common renters insurance tiers are $25,000 and $50,000 property coverage. In Laredo, the annual cost difference between these tiers is about $114. If you can afford the up-front expense, it's worth considering.

Coverage LevelAverage Annual Rate in Laredo
$25K Property$172
$50K Property$286

Money-saving tip: bundle your renters and car insurance

If you’re seeking ways to save on your insurance expenditures, consider carrying your renters and auto policies with the same insurance company. Bundling renters and auto insurance in Laredo can result in substantial savings. In fact, bundling policies in Laredo leads to average auto insurance savings of $76. The auto insurance company with the cheapest bundled rate is State Farm, followed by USAA and Progressive.


CAR AND RENTERS INSURANCE BUNDLE DISCOUNTS IN LAREDO
Annual Bundle SavingsBundle Savings %
$763.9%

Need renters insurance? Talk to an expert today.